SVN Chicago Commercial Brokers $2.4M Sale Of Tower Station Center In West Chicago
Illinois
See Similar DealsSVN Chicago Commercial Brokers $2.4M Sale Of Tower Station Center In West Chicago
956 North Neltnor Boulevard
See Similar DealsSummary
SVN Chicago Commercial has brokered the $2.4 million sale of Tower Station Center in West Chicago, a retail center with 11 units and Aldi as the shadow anchor. The property, located at 956 North Neltnor Boulevard, is 73% occupied. The sale completed a 1031 exchange for the undisclosed seller and involved six months of negotiations with an out-of-state buyer.
Summary of transaction details:
- Property Type: Retail
- Sale Price: $2,400,000
- Units: 11
- Price Per Unit: $218,182
- Address: 956 North Neltnor Boulevard, West Chicago
- Market: West Chicago
- Brokers: Karen Kulczycki (SVN Chicago Commercial) & Ron Weissenhofer (SVN Chicago Commercial)
The sale of Tower Station Center was facilitated by Karen Kulczycki and Ron Weissenhofer of SVN Chicago Commercial. Their expertise and negotiation skills played a crucial role in completing this transaction. The involvement of an out-of-state buyer indicates the strong market appeal of the retail center in West Chicago.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want